Aiming to eventually end India’s import-dependence for its requirement of forged wheels, the Railways has finally decided to build a plant that will manufacture around 80,000 of the wheels used in high-speed trains and Linke Hoffman Busche coaches.
Railways Minister Ashwini Vaishnaw said on Friday that the plant would be set up by a private player under an assured off-take contract with the Railways in which Railways will buy 80,000 wheels for Rs 600 crore per year.
As per the tender notice, the plant is to supply 6.5 lakh tonne worth of wheels to the Railways for the next 20 years.
